Intel: Not All Hope Is Lost Yet [Seeking Alpha]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations:
intc.com/investor-relations/default.aspx
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Source: Seeking Alpha
David BeckerBack in February, I waswarningIntel CorporationNASDAQ:INTCtake time and additional resources. That's exactly what happened shortly after my latest article on the company was published, as Intel announced that it wouldcutits quarterly dividends by a record 66% to 12.5 cents per share to save more cash in these turbulent times.While the market has already calmed down after that decision, I believe that there's a high possibility that it will likely take a couple of years for Intel to fully execute its transformation strategy and be able to fully unlock the business's value. As such, it's unlikely that Intel investors would be able to generate meaningful returns inthe following months by holding Intel's shares in their portfolios.Despite this, I continue to rate Intel as a "buy" since the company's stock trades close to its fair value and various federal subsidies could likely help the business accelerate the pace of the turnaround. Intel's strategic importance to the Western
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INTC
Earnings
- 1/25/24 - Beat
INTC
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- INTC's page on the SEC website